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HSA Contributions
During the year I had two jobs with a 2.5 month break between positions. When I started my new job I elected to contribute the max to my HSA. As I am completing my tax return, I am getting a message that I over contributed and must withdraw $1,600 from my HSA prior to 7/15. I have family coverage and am eligible for catch up contributions and took into account the HSA contributions made in the first few months of the year. Turbo Tax is indicating I am eligible to contribute $8,000 but when I include my information, I receive the over contribution message. Any insight?
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May 30, 2020
12:20 PM